Aclarion Inc (ACON): Uncovering A True Diamond In The Rough

Aclarion Inc (NASDAQ:ACON) currently has a daily average trading volume of 480.96K but it saw 240110 shares traded in last market. With a market cap of 1.85M USD, the company’s current market price of $0.18 came falling about -2.21 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.40 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.1772 while lowest mark touched by it was $0.1855.

Taking a look at 20-day trading activity of Aclarion Inc (ACON) gives us an average price of $0.1798, while its current price level is -97.60% below from 52-week high level whereas it is 10.82% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1814 while that of 200 days or SMA-200 reads an average of $0.3095. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.37% during that period while stretching the period over a month that increases to 7.92%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.48 which implies that the stock is in neutral territory.

Over the week, ACON’s stock price is moving 0.45% up while it is -10.95% when we observe its performance for the past one month. Year-to-date it is -94.46% down and over the past year, the stock is showing a downside performance of -95.90%.

Currently, Aclarion Inc’s total number of outstanding shares is 10.43M. Company’s return on investment (ROI) stands at -250.25% and return on equity (ROE) at -745.47%. Stock’s beta reads 0.44. Stock has a price to book (P/B) ratio of 0.71 while price to sale or P/S ratio amounts to 36.97. Its return on asset (ROA) is -264.99% on average.